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Energy Efficiency & Innovation

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An image rendering of the Stillstrom offshore charging solution
Energy Efficiency & Innovation

Maersk, Port of Aberdeen to explore building offshore vessel charging hub

Maersk’s offshore charging company, Stillstrom, and Port of Aberdeen have signed a memorandum of understanding (MOU) to perform a joint feasibility study into a charging hub that would use offshore wind or other renewable energy source to power vessels on standby outside the port. Running until the

about 4 years ago
Maritime industry to spend $931 mln on AI solutions in 2022
Energy Efficiency & Innovation

Maritime industry to spend $931 mln on AI solutions in 2022

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The maritime industry is forecast to spend $931 million on artificial intelligence (AI) solutions in 2022, according to a recent report published by Lloyd’s Register in cooperation with Thetius. That figure is expected to more than double in the next five years to $2.7 billion by 2027, a compound an

about 4 years ago
ZeroLab
Energy Efficiency & Innovation

ZeroLab, South32 team up on shipping emissions analysis

ZeroLab, Torvald Klaveness’ subsidiary dedicated to the decarbonisation of seaborne supply chains, and Australian mining and metals company South32 have partnered to complete an analysis of greenhouse gas (GHG) emissions generated through shipping, which contribute to South32’s reported Scope 3 emis

about 4 years ago
OKEE Maritime Vessel
Energy Efficiency & Innovation

OKEE Maritime turns to StormGeo to bolster its environmental footprint

German shipowner OKEE Maritime has adopted StormGeo’s digitalization tools to improve environmental performance across its reefer fleet. The solutions include weather-based route optimization software, data reporting, and fleet performance management tools, which also feature a Carbon Intensity Indi

about 4 years ago
Bulker
Energy Efficiency & Innovation

Diana rejuvenates fleet with nine bulkers in $330 mln deal

Athens-based Diana Shipping has entered into a deal to acquire nine modern Ultramax bulkers with an average vessel age of approximately 5.4 years from Sea Trade Holdings. The company will buy the ships for a total of $330 million, of which $220 million will be paid in cash and $110 million is to be

about 4 years ago
sailing ship
Energy Efficiency & Innovation

World’s largest ocean-going sailing ship gets satellite communication tech

The Götheborg of Sweden, believed to be the world’s largest ocean-going sailing ship, has been upgraded with the latest satellite communications technology.

about 4 years ago
Amore Mio VLCC
Energy Efficiency & Innovation

Ammonia & LNG-ready VLCC joins Capital’s fleet

Athens-based Capital Ship Management Corp. (Capital) has taken delivery of the first of two ammonia and LNG fuel ready very large crude carriers. The 300,000 DWT newbuilding vessel M/T Amore Mio is an eco-type crude oil carrier fitted with a scrubber in compliance with the IMO 2020 sulphur cap. The

about 4 years ago
X-Press Feeders
Energy Efficiency & Innovation

Over 100 X-Press Feeders ships to start using ZeroNorth platform

Danish technology company ZeroNorth has signed a deal with Singapore-based global common carrier X-Press Feeders to deploy the ZeroNorth platform across the carrier’s entire fleet of feeder vessels.

about 4 years ago
Armada air lubrication system
Energy Efficiency & Innovation

Ecochlor inks deal with air lubrication developer

Boston-based provider of ballast water treatment solutions Ecochlor has entered into a collaborative agreement with air lubrication developer Armada Technologies. Under the deal, Ecochlor will provide Armada with technical assistance and global sales and marketing support. The Armada hull air lubric

about 4 years ago
shipping
Energy Efficiency & Innovation

RightShip strengthens digital ESG expertise with Thynk acquisition

Maritime risk management and environmental assessment agency RightShip is acquiring Thynk Software’s maritime tech business. The move builds upon close collaboration between the two companies on RightShip’s digital Platform in 2021. Big data and predictive analytics play a massive role in the ship v

about 4 years ago
Technomar to use RINACube to collect data on its environmental performance
Energy Efficiency & Innovation

Technomar to use RINACube to collect data on its environmental performance

Technomar Shipping has signed a contract with Italian certification and engineering company RINA for software licenses to employ the RINACube MRV-DCS-CII Data Collection and Reporting platform across 105 of its vessels. RINACube MRV-DCS-CII web application will be used on board each ship to collect

about 4 years ago
Singapore and Rotterdam to set up world’s longest Green Corridor
Energy Efficiency & Innovation

Singapore and Rotterdam to set up world’s longest Green Corridor

The Maritime and Port Authority of Singapore (MPA) and the Port of Rotterdam Authority have signed a memorandum of understanding (MoU) to establish the world’s longest Green and Digital Corridor. The MoU, signed on the sidelines of the biennial World Cities Summit, will bring together stakeholders a

about 4 years ago
containership
Energy Efficiency & Innovation

Danaos: Liners slowing down their ships to meet CII

Liner companies are redesigning their operating loops with lower speeds to meet environmental regulations, particularly the Carbon Intensity Indicator (CII) requirements, Danaos’ CEO John Coustas says. Specifically, ships would need to measure and document their actual annual operational CII against

about 4 years ago
IMO
Energy Efficiency & Innovation

Impending environmental regulations set to slash bulker supply

Entrance into force of the new IMO environmental regulations in 2023 is expected to slow down the supply of vessels into the dry bulk market, according to a recent market forecast by Vessels Value. The drop will remove up to 3-4% of the fleet’s effective trading capacity, based on the outlook, which

about 4 years ago